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  3. Elon Musk buys a big chunk of Twitter

Elon Musk buys a big chunk of Twitter

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  • CopperC Offline
    CopperC Offline
    Copper
    wrote on last edited by
    #525

    What an idiot.

    1 Reply Last reply
    • George KG George K

      "Is Musk's ownership of Twitter a threat to national security."

      Biden: "It's worth looking at."

      (Democracy picture with red background here____________________)

      RenaudaR Offline
      RenaudaR Offline
      Renauda
      wrote on last edited by
      #526

      @George-K

      Reminds me of security concerns with Armand Hammer during the Cold War. Musk, like Hammer, always managed to back himself into the public spotlight through his special relations with Kremlin bosses.

      Elbows up!

      1 Reply Last reply
      • George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #527

        Ruh Roh...

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        taiwan_girlT 1 Reply Last reply
        • Doctor PhibesD Offline
          Doctor PhibesD Offline
          Doctor Phibes
          wrote on last edited by
          #528

          Seems like he’s trying to run a tech company like a Victorian cotton mill.

          Somebody has blundered.

          I was only joking

          George KG CopperC 2 Replies Last reply
          • Doctor PhibesD Doctor Phibes

            Seems like he’s trying to run a tech company like a Victorian cotton mill.

            Somebody has blundered.

            George KG Offline
            George KG Offline
            George K
            wrote on last edited by George K
            #529

            @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

            Seems like he’s trying to run a tech company like a Victorian cotton mill.

            Somebody has blundered.

            But, SpaceX and Tesla are, arguably, better-run. I wonder if this isn't because of the departure of many of his staff (either forced or voluntary) and advertisers.

            ETA: Whatever happened to Boring (the company, that is)?

            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

            1 Reply Last reply
            • jon-nycJ Offline
              jon-nycJ Offline
              jon-nyc
              wrote on last edited by jon-nyc
              #530

              Well this really just comes down to him having overpaid. But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

              But it’s certainly a possibility. And I think his ownership is maybe 15B, with another ~15B from other sources (arab sovereign wealth funds and Larry Ellison) and another 13B from banks.

              So he could bail on this and it would cost him <15B since equity holders would get a small piece of the reorganized Twitter.

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              AxtremusA 1 Reply Last reply
              • Doctor PhibesD Doctor Phibes

                Seems like he’s trying to run a tech company like a Victorian cotton mill.

                Somebody has blundered.

                CopperC Offline
                CopperC Offline
                Copper
                wrote on last edited by
                #531

                @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                Seems like he’s trying to run a tech company like a Victorian cotton mill.

                Somebody has blundered.

                The true believers will love it

                The second string will hate it

                win/win

                Doctor PhibesD 1 Reply Last reply
                • X Offline
                  X Offline
                  xenon
                  wrote on last edited by
                  #532

                  I'm really interested to see how this works out. I find myself rooting for Twitter... Musk is a weird, petty dude - but desire to prove he's an idiot is a bit much.

                  1 Reply Last reply
                  • CopperC Copper

                    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                    Seems like he’s trying to run a tech company like a Victorian cotton mill.

                    Somebody has blundered.

                    The true believers will love it

                    The second string will hate it

                    win/win

                    Doctor PhibesD Offline
                    Doctor PhibesD Offline
                    Doctor Phibes
                    wrote on last edited by
                    #533

                    @Copper said in Elon Musk buys a big chunk of Twitter:

                    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                    Seems like he’s trying to run a tech company like a Victorian cotton mill.

                    Somebody has blundered.

                    The true believers will love it

                    The second string will hate it

                    win/win

                    I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                    The working world has changed.

                    I was only joking

                    LuFins DadL 1 Reply Last reply
                    • Doctor PhibesD Doctor Phibes

                      @Copper said in Elon Musk buys a big chunk of Twitter:

                      @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                      Seems like he’s trying to run a tech company like a Victorian cotton mill.

                      Somebody has blundered.

                      The true believers will love it

                      The second string will hate it

                      win/win

                      I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                      The working world has changed.

                      LuFins DadL Offline
                      LuFins DadL Offline
                      LuFins Dad
                      wrote on last edited by
                      #534

                      @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                      @Copper said in Elon Musk buys a big chunk of Twitter:

                      @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                      Seems like he’s trying to run a tech company like a Victorian cotton mill.

                      Somebody has blundered.

                      The true believers will love it

                      The second string will hate it

                      win/win

                      I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                      The working world has changed.

                      And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

                      The Brad

                      Doctor PhibesD 1 Reply Last reply
                      • LuFins DadL LuFins Dad

                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                        @Copper said in Elon Musk buys a big chunk of Twitter:

                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                        Seems like he’s trying to run a tech company like a Victorian cotton mill.

                        Somebody has blundered.

                        The true believers will love it

                        The second string will hate it

                        win/win

                        I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                        The working world has changed.

                        And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

                        Doctor PhibesD Offline
                        Doctor PhibesD Offline
                        Doctor Phibes
                        wrote on last edited by Doctor Phibes
                        #535

                        @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                        @Copper said in Elon Musk buys a big chunk of Twitter:

                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                        Seems like he’s trying to run a tech company like a Victorian cotton mill.

                        Somebody has blundered.

                        The true believers will love it

                        The second string will hate it

                        win/win

                        I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                        The working world has changed.

                        And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

                        No, I think the days of folk being told they have to come in 5 days a week are over. It was already changing before the pandemic and that accelerated the process. I work for a much more conservative company than any of the tech places and even we were slowly moving that way.

                        I actually quite like going into the office, but more than that I like having the freedom of choice. Elon sounds like a reactionary.

                        You can force people to do something they think is really stupid for a limited time, but not for the long haul.

                        I was only joking

                        CopperC 1 Reply Last reply
                        • jon-nycJ jon-nyc

                          Well this really just comes down to him having overpaid. But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

                          But it’s certainly a possibility. And I think his ownership is maybe 15B, with another ~15B from other sources (arab sovereign wealth funds and Larry Ellison) and another 13B from banks.

                          So he could bail on this and it would cost him <15B since equity holders would get a small piece of the reorganized Twitter.

                          AxtremusA Offline
                          AxtremusA Offline
                          Axtremus
                          wrote on last edited by
                          #536

                          @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                          But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

                          Who would the target audience be for this “Twitter may go bankrupt” messaging? How would this work to Twitter or Musk’s advantage?

                          jon-nycJ 1 Reply Last reply
                          • AxtremusA Axtremus

                            @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                            But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

                            Who would the target audience be for this “Twitter may go bankrupt” messaging? How would this work to Twitter or Musk’s advantage?

                            jon-nycJ Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote on last edited by
                            #537

                            @Axtremus

                            Maybe suppliers and employees.

                            Maybe co-investors that he might be trying to raise operating funds from.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            AxtremusA 1 Reply Last reply
                            • jon-nycJ jon-nyc

                              @Axtremus

                              Maybe suppliers and employees.

                              Maybe co-investors that he might be trying to raise operating funds from.

                              AxtremusA Offline
                              AxtremusA Offline
                              Axtremus
                              wrote on last edited by
                              #538

                              @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                              @Axtremus

                              Maybe suppliers and employees.

                              Maybe co-investors that he might be trying to raise operating funds from.

                              Trying to game this out …

                              Suppliers — telegraphing bankruptcy is more likely to get the suppliers to tighten credit and shorten payment terms, no? Not advantageous to Twitter.

                              Employees — is the objective to get more employees to jump ship on their own (as opposed to laying them off) to save a little bit on layoff expenses? Not clear if this would be an appreciable advantageous to Twitter.

                              Co-investors — not clear how it would help to convince investors (be it current or prospective investors) to put more money into a business that is about to go bankrupt. :man-shrugging:

                              1 Reply Last reply
                              • Doctor PhibesD Doctor Phibes

                                @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

                                @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                @Copper said in Elon Musk buys a big chunk of Twitter:

                                @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                Seems like he’s trying to run a tech company like a Victorian cotton mill.

                                Somebody has blundered.

                                The true believers will love it

                                The second string will hate it

                                win/win

                                I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                                The working world has changed.

                                And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

                                No, I think the days of folk being told they have to come in 5 days a week are over. It was already changing before the pandemic and that accelerated the process. I work for a much more conservative company than any of the tech places and even we were slowly moving that way.

                                I actually quite like going into the office, but more than that I like having the freedom of choice. Elon sounds like a reactionary.

                                You can force people to do something they think is really stupid for a limited time, but not for the long haul.

                                CopperC Offline
                                CopperC Offline
                                Copper
                                wrote on last edited by
                                #539

                                @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                No, I think the days of folk being told they have to come in 5 days a week are over.

                                Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                                Doctor PhibesD 1 Reply Last reply
                                • CopperC Copper

                                  @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                  No, I think the days of folk being told they have to come in 5 days a week are over.

                                  Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                                  Doctor PhibesD Offline
                                  Doctor PhibesD Offline
                                  Doctor Phibes
                                  wrote on last edited by
                                  #540

                                  @Copper said in Elon Musk buys a big chunk of Twitter:

                                  @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                  No, I think the days of folk being told they have to come in 5 days a week are over.

                                  Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                                  Yes, but we’re talking about Twitter, not bus drivers.

                                  I was only joking

                                  Aqua LetiferA JollyJ CopperC 3 Replies Last reply
                                  • Doctor PhibesD Doctor Phibes

                                    @Copper said in Elon Musk buys a big chunk of Twitter:

                                    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                    No, I think the days of folk being told they have to come in 5 days a week are over.

                                    Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                                    Yes, but we’re talking about Twitter, not bus drivers.

                                    Aqua LetiferA Offline
                                    Aqua LetiferA Offline
                                    Aqua Letifer
                                    wrote on last edited by
                                    #541

                                    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                    @Copper said in Elon Musk buys a big chunk of Twitter:

                                    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                    No, I think the days of folk being told they have to come in 5 days a week are over.

                                    Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                                    Yes, but we’re talking about Twitter, not bus drivers.

                                    You can't be all "let the market decide" and at the same time believe in some wooey divide between real work paid in real money and fake work paid in real money where the only difference is in your mind.

                                    Please love yourself.

                                    Doctor PhibesD 1 Reply Last reply
                                    • jon-nycJ Offline
                                      jon-nycJ Offline
                                      jon-nyc
                                      wrote on last edited by
                                      #542

                                      So there’s now a big problem with people purchasing blue checks and mimicking verified brands.

                                      My guess is they’ll need to include actual verification as part of the purchased blue checks.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      1 Reply Last reply
                                      • jon-nycJ Offline
                                        jon-nycJ Offline
                                        jon-nyc
                                        wrote on last edited by
                                        #543

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • jon-nycJ Offline
                                          jon-nycJ Offline
                                          jon-nyc
                                          wrote on last edited by jon-nyc
                                          #544

                                          099908B0-05CE-4C19-9C75-7491A5F923E4.png

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
                                          1 Reply Last reply
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